>Bad loans, federally backed, bundled into worthless packages whose original loan amounts are “derived” to give a fictitious inflated value all round the world in Credit Derivatives that gave us Obama and his 7 years of LIES.<
Yes. This push to allow unqualified borrowers to flood the system ruined the economy, pushing the national debt to where it will most likely never be paid off, is most definitely one of the main reasons we ended up with Obama. Thank you Dubya.
We’re looking at yet another crash of our monetary system because of all the money printed by the Federal Reserve under Obama.
They were never worth backing back then and they aren’t worth backing now, or ever. Live in the house for a few months and then walk away after Aaron Rents and Rooms-to-Go repossess. Property taxes unpaid, utilities unpaid. Grass and weeds all over the lawn. HOA fees unpaid and all the other costs. Lowlife scum that take advantage of us like they’re on Section 8, WICs, SNAP, AFDC, TANF and all the rest. Nothings in the scheme of things.